I can't see any option to turn Effects off for a layout, or a layer, in the editing view, they're permanently on.

I thought a way around this would be to create a layer above everything with nothing on it apart from the effects, and this would apply them to all layers below it, also allowed me to turn the visibility of that layer off only, but the effects do not seem to carry through (as an adjustment layer would on After Effects) to the layers beneath it. Any solutions to this so I don't have to look at a crazy effect-filled editor window?